INPUT CREDIT ON DIESEL BILL ( TRANSPORTER)

[raj kapoor]

Dear Sir/Madam

I am the transporter we fill the diesel regularly can i claim input credit on Diesel Amount.

AI Summary

Transporter Queries Input Credit on Diesel Under GST; Diesel Ineligible, LDO Credit Possible with GST Invoice A transporter inquired about claiming input credit on diesel expenses under GST. One respondent explained that diesel, being a petroleum product, is not included in GST, making input tax credit on diesel ineligible for offset against GST payable. Another respondent mentioned that credit could be claimed on Light Diesel Oil (LDO) if there is an invoice showing GST charged, as it is a basic input for the transportation business.